Economic Pluralism (Routledge Frontiers of Political Economy)

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View all copies of this ISBN edition:. Synopsis About this title The most prominent aspect of the current financial crisis is its systemic character which manifests itself in high levels of inequality, rampant unemployment, economic and social insecurity and environmental decay. Buy New Learn more about this copy. Other Popular Editions of the Same Title.

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Economic Pluralism : Jr. Robert F. Garnett :

Tae-Hee Jo. Recent Posts. The Routledge Handbook of Heterodox Economics As Coase argued, the study of the economy and likewise the study of any other research area requires some familiarization with the nature of the object of study. Economists, in the plurality of approaches that have characterized the discipline throughout the last two and a half centuries, have already acquired an extremely varied wealth of knowledge on aspects of social reality on which they have particularly focused their attention.

Being an open system, the economy can be segmented into subsystems that may be analyzed as if they were closed systems, although any such segmentation should always be considered partial and provisional. As Arena et al. But these segmentations, to be useful in a holistic sense, need to be provisional rather than fixed. Thus, not only are models provisional closures as aids to thought, but so disciplinary boundaries are themselves provisional closures which we may want to change for the purposes of addressing particular aspects of economic reality.

The interdisciplinarity models that have been analyzed in the previous section, as we have noted, offer substantially different answers to the problem of knowing how to segment the reality object of study, with a view to enhancing the interconnections that we know exist in the real world or at least minimise the loss resulting from disciplinary specialization. The rationale of these two strategies should now be clear.

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Regardless of the position upheld in relation to these two models, it is important at this point to stress that there is no single path for the practice of interdisciplinarity. As Brian Loasby states:.

Whether contemplating artefacts, processes, structures, sequences, problems or strategies, we are operating in large combinatorial spaces in which there are, in principle, many options for change. As I have argued elsewhere, 75 economics is in itself, like the economy that it studies, an open system and should be conceived as such let us call this political economy. To finalize, it is important to draw attention to the complex problem of the choices that, in any case, are raised by an interdisciplinary opening.

In fact, there are innumerable obstacles to the practice of interdisciplinarity. Starting with institutional obstacles. Science, from research to its teaching, including the criteria of recognition - with impact in terms of employment and career progression of teachers and researchers - and the funding system, is based on a disciplinary-based structure and tends to reproduce habits and practices that are intrinsically disciplinary.

Furthermore, the fact cannot be ignored that disciplines are very often crisscrossed with internal conflicts, which implies that interdisciplinary dialogue, in the context of social sciences, is not infrequently an effort, always difficult, of inter-paradigmatic intersection. For this reason, the discussion about interdisciplinarity must also be a discussion on pluralism in the context of science.

Interdisciplinarity is a long path to travel.

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We need to recognise, first, the provisional nature of disciplinary boundaries. Secondly, that knowledge will always be incomplete and partial - there will always be missing connections. Sciences are open systems of knowledge. The utopian search for totality and unity-in-diversity will inevitably continue with us. William Kapp. Lexington, Mass. London and New York: Routledge. Chicago: University of Chicago Press. Essays on Economics and Economists. Chicago: The University of Chicago Press, Economia e interdisciplinaridade s.